Broadcom: A Contender for the $1 Trillion AI Club

Reported about 9 hours ago

Broadcom, a semiconductor and software giant, is on track to join the elite group of companies with a market valuation exceeding $1 trillion, thanks to its essential AI chip technology and strategic growth in custom chip design. With a market cap around $850 billion and significant growth in AI-related sales, Broadcom is poised for substantial revenue and earnings growth, making it a strong contender to reach the $1 trillion milestone soon.

Source: YAHOO

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